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SKOG230 Resource Economics and Planning in Forestry

Credits (ECTS):10

Course responsible:Aija Maarit Irene Kallio

Campus / Online:Taught campus Ås

Teaching language:Norsk

Course frequency:Annually

Nominal workload:250 hours

Teaching and exam period:This course starts in Spring parallel. This course has teaching/evaluation in Spring parallel.

About this course

  • Biological, technical, economical and societal background for the problems considered.
  • Analyses of individual actions (e.g., planting, thinning, fertilization, alternative logging options, investments in machines and roads, maturity of the forest stand for clear-cutting, provision of ecosystem services) from an economic perspective.
  • Analyses at property level (objective and guidelines, effect of taxation, use of bio-economic modelling for long-term analyses, risk, valuation of forest/forest property).

Learning outcome

Knowledge:

  • The student should obtain knowledge about the main economic decisions in forestry.
  • The student should be familiar with the main principles of valuation of forest/forest property.

Skills:

The students should be able to prioritise between different forest management and investment alternatives according to criteria for an economically effective resource use under given ecological conditions.

General competence:

The students should be able to analyse the impacts of short- and long-term choices connected to planning and management of a forest property.

  • Lectures with exercises and discussions. Independent studies. Project work. Problem solving.
  • Canvas. Teachers are available for questions during the teaching semester.
  • SKOG100
  • BUS100
  • Final exam (3 hours).

    Written test Grading: Letter grades Permitted aids: B1 Calculator handed out, no other aids
  • The external examiner approves and evaluates the final examination and reviews the teaching arrangements together with the course responsible.

  • Three hand-in assignments in forest economics, and exercises (ca. 8 hours) and a term paper on forest planning.

    To pass the course, the assignments and the term paper must be approved/passed.

  • Lectures with exercises in class circa 80 hours. In addition, compulsory assignments.
  • Minimum requirements for entrance to higher education in Norway (generell studiekompetanse)